Bitcoin (BTC) shows flexibility because it strengthens and dismantles stock markets

Bitcoin gained great momentum over the past week, as it rose 10 % against the US dollar after a relatively calm and painful spring. After reaching a recent height of two months, it seems that the world’s leading cryptocurrency is putting its attention at the highest new level ever, and this indicates a possible new stage of the original.

Experts refer to several factors that contribute to the return of Bitcoin.

Bitcoin Decus

According to the latest Cryptoquant analysisWeakening the US dollar, which historically showed a counter -relationship, is a factor. As the dollar decreases, bitcoin usually strengthens, the trend that appears to be playing again.

Another potential BTC attack is the continuous geopolitical situation. The uncertainty in the market, especially due to the commercial tariffs imposed by the Trump administration, have shown signs of escalation recently. Reports indicate that the customs tariff weighing on the markets can be supervised as political crane seizures.

In addition, the talks surrounding a possible peace deal in Ukraine have caused optimism. If these negotiations lead to a solution, then high -risk assets like cryptocurrencies can benefit greatly.

Perhaps the most important trend in Bitcoin’s performance is its separation from traditional markets. Over the past seven days, Bitcoin has been significantly separated from both S&P 500 and Nasdaq Composite, indicating a weak association with traditional stocks. The correlation coefficient with the S&P 500 decreased from 0.88 in the late 2024 to 0.77, while the Nasdak’s association decreased from 0.91 to 0.83 in the same period.

Digital gold narration

Interestingly, the bitcoin relationship with gold was strengthened. The correlation coefficient with gold has improved from -0.62 earlier this month to -0.31 currently. This indicates that bitcoin may be increasingly seen as a gold -like store.

Such a shift may indicate that Bitcoin appears as “digital gold”, where gold is likely to be a pioneering index of Bitcoin price movements in the near future.